Price for Spices; Ginger, Neither Crushed Nor Ground in Poland - 2023
Contents:
- Price for Spices; Ginger, Neither Crushed Nor Ground in Poland (CIF) - 2022
- Price for Spices; Ginger, Neither Crushed Nor Ground in Poland (FOB) - 2022
- Imports of Spices; Ginger, Neither Crushed Nor Ground in Poland
- Exports of Spices; Ginger, Neither Crushed Nor Ground in Poland
Price for Spices; Ginger, Neither Crushed Nor Ground in Poland (CIF) - 2022
The average import price for spices; ginger, neither crushed nor ground stood at $1,955 per ton in 2022, shrinking by -31.2% against the previous year. In general, the import price, however, enjoyed perceptible growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 67%. The import price peaked at $3,226 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,812 per ton), while the price for Spain ($1,247 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Spices; Ginger, Neither Crushed Nor Ground in Poland (FOB) - 2022
In 2022, the average export price for spices; ginger, neither crushed nor ground amounted to $1,142 per ton, declining by -11% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. As a result, the export price attained the peak level of $1,283 per ton, and then fell in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($1,145 per ton), while the average price for exports to Belarus amounted to $1,071 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+4.8%).
Imports of Spices; Ginger, Neither Crushed Nor Ground in Poland
In 2022, purchases abroad of spices; ginger, neither crushed nor ground decreased by -9.9% to 5.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 75% against the previous year. As a result, imports attained the peak of 6.3K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of spices; ginger, neither crushed nor ground reduced notably to $11M in 2022. Overall, imports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 175%. As a result, imports attained the peak of $20M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Spices; Ginger, Neither Crushed Nor Ground in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.5 | 14.9 | 11.7 | 6.6 | 136.3% |
| Germany | 1.8 | 4.0 | 5.0 | 3.5 | 24.8% |
| Nigeria | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| Spain | N/A | 0.6 | 0.5 | 0.3 | -29.3% |
| France | N/A | 0.1 | N/A | 0.1 | 0.0% |
| China | 2.8 | N/A | N/A | N/A | 0% |
| Brazil | 1.7 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.4 | 0.1 | N/A | -50.0% |
| Total | 7.3 | 20.1 | 17.6 | 10.9 | 14.3% |
Top Suppliers of Spices; Ginger, Neither Crushed Nor Ground to Poland in 2022:
- Netherlands (3830.7 tons)
- Germany (1232.3 tons)
- Spain (245.2 tons)
- Nigeria (112.6 tons)
- France (89.8 tons)
- China (26.7 tons)
Exports of Spices; Ginger, Neither Crushed Nor Ground in Poland
In 2022, after three years of growth, there was significant decline in shipments abroad of spices; ginger, neither crushed nor ground, when their volume decreased by -21.8% to 1.6K tons. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 113% against the previous year.
In value terms, exports of spices; ginger, neither crushed nor ground dropped significantly to $1.8M in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 116% against the previous year.
| Export of Spices; Ginger, Neither Crushed Nor Ground in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 855 | 1,260 | 935 | 1,039 | 6.7% |
| Belarus | 13.0 | 533 | 956 | 711 | 279.6% |
| Switzerland | N/A | 62.2 | 428 | N/A | 588.1% |
| Others | 47.4 | 125 | 307 | 75.8 | 16.9% |
| Total | 916 | 1,980 | 2,625 | 1,826 | 25.9% |
Top Export Markets for Spices; Ginger, Neither Crushed Nor Ground from Poland in 2022:
- Ukraine (907.9 tons)
- Belarus (663.8 tons)
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